Norwegian Air chairman to step down in May
The chairman of troubled Norwegian Air has announced he will step down in May. Bjorn Kise, who has been chairman since 2010, said he will resign after the company’s annual general meeting. Kise, 69, said: “It has not been an easy decision, but after 25 years on the board, many of which as chairman, I am confident that this is the right decision. I have now reached an age where it is time to make room for new forces.” Norwegian has been hit by a series of troubles in the past year, including most recently the grounding of the airline’s Boeing 737 Max 8s, representing 10% of its fleet, after the Ethiopian Airlines crash. Norwegian, which has been sustaining severe financial losses, held a rights issue which raised around US$350m this month. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-03-19/unaligned/norwegian-air-chairman-to-step-down-in-may
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Norwegian Air chairman to step down in May
The chairman of troubled Norwegian Air has announced he will step down in May. Bjorn Kise, who has been chairman since 2010, said he will resign after the company’s annual general meeting. Kise, 69, said: “It has not been an easy decision, but after 25 years on the board, many of which as chairman, I am confident that this is the right decision. I have now reached an age where it is time to make room for new forces.” Norwegian has been hit by a series of troubles in the past year, including most recently the grounding of the airline’s Boeing 737 Max 8s, representing 10% of its fleet, after the Ethiopian Airlines crash. Norwegian, which has been sustaining severe financial losses, held a rights issue which raised around US$350m this month. <br/>
